Business Segments · Goodwill Impairment
Consumer Lending — Goodwill Impairment
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ3 2024
Rolls up toGoodwill impairment
How to read this metric
An increase indicates a deterioration in the long-term outlook or profitability of the consumer lending business, while a zero or low value suggests the segment's value remains supported by its earnings potential.
Detailed definition
This metric represents the non-cash charge recognized when the carrying value of goodwill associated with the Consumer L...
Peer comparison
Peers typically report this under 'Goodwill Impairment' within segment disclosures; frequent or large charges are viewed negatively by investors as they suggest past overpayment for acquisitions or structural business decline.
Metric ID:
fitb_segment_consumer_lending_goodwill_impairment_lossSimilar Metrics at Other Companies
Frequently Asked Questions
- What does consumer lending — goodwill impairment mean?
- The amount of value written off from the Consumer Lending segment's intangible assets due to a decline in the segment's estimated fair value.